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Tesla loses Head of Legal who oversaw internal purchasing probe

Teslarati

Searle oversaw an internal purchasing probe during his final days at the company before leaving. Bloomberg , citing three people familiar with the matter, said Searle was relieved by Dinna Eskin, a Deputy General Counsel at Tesla, less than a month ago after the internal purchasing scandal took place.

Legal 100
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ZeroAvia completes $150M Series C financing, including investments from Airbus and AA

Baua Electric

Hydrogen-electric plane developer ZeroAvia has completed another successful financing round, led by some of its previous investors and some new ones. Source: ZeroAvia ZeroAvia adds more names to its investment rolodex The sustainable aviation company shared details of its extended financing round today.

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

Green Car Congress

FuelCell Energy intends to use the net proceeds from the offering for project development, project finance, working capital support and general corporate purposes. The terms of the equity transaction include a warrant giving NRG the right to purchase an additional 2.0 per annum for construction-period financing and 8.0%

Financing 244
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Opposed-piston engine company Achates Power raises $35.2M in Series C Financing; new industry advisory board

Green Car Congress

million in Series C financing. The Series C financing follows a $19-million Series B round in 2009 and brings the total raised by Achates Power to nearly $90 million since its 2004 founding. overseeing all powertrain technologies, as well as the 2014 Society of Automotive Engineers (SAE International) presidential nominee.

Financing 236
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Electrovaya completes C$5M financing; new Office of Chairman

Green Car Congress

completed a financing for C$5 million (US$4.96 note in the aggregate principal amount of C$5 million and 500,000 common share purchase warrants. Each share purchase warrant is convertible into one common share of the corporation. Each share purchase warrant is convertible into one common share of the corporation.

Financing 218
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Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel

Green Car Congress

Darling International and a subsidiary of Valero Energy Corporation are taking initial steps towards the formation of a joint venture to build a facility capable of producing more than 10,000 barrels/day or (135 million gallons per year) of renewable diesel on a site adjacent to Valero’s St. Darling International Inc.

Renewable 199
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Valence Technology Receives Equity Commitment Investment Fund to Purchase up to 16.9M Shares over Next 12 Months

Green Car Congress

a US-based, international developer of lithium iron magnesium phosphate batteries, entered into a common stock purchase agreement with Seaside 88, L.P., Under the terms of the agreement, Seaside has committed to purchase up to 16.9 Under the terms of the agreement, Seaside has committed to purchase up to 16.9

Purchase 150